Individuals-Inst. Scoop Low Price Shares after Foreigners Plunge SET by 15pts.
The total value of buying and selling separated by investor's type as of August 15, 2019.
– SET closed at 1,604.03 points, declined 15.42 points or 0.95% with a trading value of THB 100.94 billion. Today the SET Index continued to close lower by 15.42 points. All major stock markets in the region were down in the morning session after fear struck investors over recession after treasury inversion. SSEC and HSI were able to recover from a huge loss in the morning session while Nikkei and ASX 200 remained in negative territory.
The plummet of SET Index was also due to the selling from Block Trade, a selloff from the Petro sector and a high selling volume from INTUCH after Temasek was reportedly selling the stake. The U.S. Treasury yields are what investors will keep an eye for tomorrow. The analyst has set a support level at 1,580 points and a resistance level at 1,620 points.
– Foreign Investors stood alone to net sell a huge amount of THB 11,945.65 million while Institutions, Proprietary Trading, and Individuals combined to buy Thai shares.